Here a quick update. EURUSD gained over 500 pips after FMOC update.
Targets of 1.3300 was hit. Second Target of 1.3500 almost hit.
1.3500 is trendline resistance. If it breaks there will be resistance at 1.3585, which is 38.2% fibonacci retrace from 1.47 to 1.25.
Monday, August 24, 2009
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